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340 Madison Avenue, Pasadena, CA 91101

4 Bed, 4 Bath Multi-Family Home For Sale

340 Madison Avenue, Pasadena, CA 91101 House For Sale - MLS #18307414
$3,200,000
4
4
Multi-Family
4 Family
This listing is courtesy of Filip Niculete from Marcus & Millichap.

Property Description for 340 Madison Avenue, Pasadena, CA 91101

We are pleased to present a vacant 6,402 SF building sitting on a 20,020 SF lot in Prime Pasadena. The offering consists of a 4 legal units plus 2 units non-conforming. The 4 legal units are as follows: 3 extremely spacious 1 bedroom 1 bathroom units upstairs and 1 very spacious 2 bedroom 2 bathroom unit downstairs. Units feature large kitchens, living rooms and fireplaces. The 2 non-conforming units are as follows: 1 studio 1 bathroom unit and 1 one bedroom one bathroom unit both with private entrances. The offering is ideally situated near The California Institute of Technology, Pasadena City College, The Shops On South Lake Avenue and ample dining and entertainment. In addition, the subject property is zoned RM-32 which offers the added opportunity for an investor to build up to 15 units by right. (Buyer to verify with the City of Pasadena.)

Interior Details

6,402 sq. ft.
$499.84/sq. ft.

Exterior Details

0.46 acres
20,021 sq. ft.
4

Other Details

18307414
1905

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1     

Unit #2
Bedrooms: 1      Full / Half Baths: 1     

Unit #3
Bedrooms: 2      Full / Half Baths: 2     

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Town Description

Pasadena (pronounced /ˌpæsəˈdiːnə/) is a city in Los Angeles County, California, United States. Although famous for hosting the annual Rose Bowl football game and Tournament...

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